Iranian oil

India stopped purchasing Iranian oil after US waivers expired: Envoy

Indian Ambassador to the US Harsh Vardhan Shringla said India has stopped importing oil from Iran after the United States refused to extend exemption from sanctions earlier this month.

published on : 24th May 2019

If Iran can't export oil from Gulf, no other country can, Iran's president Hassan Rouhani threatens

Tensions have risen between Iran and the United States after US President Donald Trump withdrew from a multilateral nuclear deal in May and reimposed sanctions on the Islamic Republic.

published on : 5th December 2018

US to allow eight countries including India to continue buying Iran oil after Nov 5 sanctions

Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.

published on : 3rd November 2018

US reimposes all Iran sanctions lifted under nuclear deal

The sanctions that'll come into force Monday penalize countries that don't stop importing Iranian oil and foreign companies that do business with blacklisted Iranian entities.

published on : 2nd November 2018

India gets US waiver to buy Iranian oil

US wanted countries to reduce oil imports from Iran to zero eventually, but was open to waivers that would allow limited imports by the countries pledging ‘significant’ cut.

published on : 2nd November 2018

Sri Lanka seeks waiver for Iranian oil imports

Swaraj had explained India's strategy on India and has said Sri Lanka could also follow the process and promised further information.

published on : 21st October 2018

India engaged with all stakeholders on Iranian oil import issue: MEA

Spokesperson in the Ministry of External Affairs Raveesh Kumar said India has already conveyed to the US about its position on the matter.

published on : 19th October 2018

US reviewing India's decisions over import of Iranian oil, S-400 missile deal 

Responding to questions on reports that India will continue to purchase oil from Iran after November 4, State Department spokesperson Heather Nauert said this was "not helpful".

published on : 12th October 2018

We will take care of countries that will continue to buy oil from Iran after November 4: Donald Trump

Oil Minister Dharmendra Pradhan on Monday said that two state refiners have placed orders for importing crude oil from Iran in November.

published on : 11th October 2018

India to buy Iranian oil in November despite US sanctions: Dharmendra Pradhan

This is the first time Dharmendra Pradhan has spoken about India's stand on buying Iranian oil once the US sanctions on Iran come into force from November 4.

published on : 8th October 2018

India to keep buying Iranian oil despite US sanctions

Indian Oil Corp will lift 6 million barrels of Iranian oil and Mangalore Refinery and Petrochemicals Ltd 3 million barrels, the source told Reuters.

published on : 6th October 2018

India to pay in rupees for Iranian oil

The official said Iran is open to accepting rupee payment for oil and may use the money to pay for equipments and food items it buys from India.

published on : 20th September 2018

Keeping Iranian oil flowing to India no easy task under US sanctions

Impending US sanctions on Iran are likely to affect India’s crude oil imports from the country as tight markets make it difficult to replace lost barrels.

published on : 8th September 2018